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  • Guinea-Bissau has raised hopes on cashew exports

    May 4th, 2016

    The government of Guinea-Bissau set the base farmgate price of cashew nuts at CFA350 (USD0.617) per kilo in April and it indicated that it expects to export around 180,000 tons of the product this season.

    Commerce minister Vicente Fernandes said that the new purchase price was fair,adding that the laws of supply and demand could lead to a change in the priceeven in a matter of days.Fernandes called on citizens to report any illegal shipments of...